SOLUTION: Hi, I am stuck on the following question and can't seem to find a solution: 23% of a sum of money is $142.60; what is 20% of it? Possible outcomes A) $120.08 B) $62 C) $124

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Question 450072: Hi, I am stuck on the following question and can't seem to find a solution:
23% of a sum of money is $142.60; what is 20% of it?
Possible outcomes A) $120.08 B) $62 C) $124 D) $95.10
Thanks for your help!
Gladys
Found 2 solutions by ewatrrr, jorel1380:
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 

Hi,best to think of it as a 2-part question

Let x represent that sum of money

 .23x = $142.60

   x =  $142.60/.23 = $620, that sum of money

AND

 .20*$620 = $124 

 

Answer by jorel1380(3719)   (Show Source): You can put this solution on YOUR website!
 23/20=142.60/x

2852=23x

2852/23=x

x=$124.00.. 

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